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" Many courts rely on the following definition: [A] contract under which the obligation of both the bankrupt and the other party to the contract are so far unperformed that the failure of either to complete the performance would constitute a material breach... "
Copyright Reform Act of 1993: Hearings Before the Subcommittee on ... - 590. lappuse
autors: United States. Congress. House. Committee on the Judiciary. Subcommittee on Intellectual Property and Judicial Administration - 1993 - 656 lapas
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Hague yearbook of international law. Vol. 8 (1995)

A. C. Kiss, Lammers - 1996 - 250 lapas
...Bankruptcy Code, but many courts adopted the so-called "Countryman definition", according to which an executory contract is "a contract under which the obligations of both the [debtor] and the other party are so far unperformed that the failure of either to complete performance...
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Operation of the Bankruptcy System and Status Report from the National ...

United States. Congress. House. Committee on the Judiciary. Subcommittee on Commercial and Administrative Law - 1997 - 88 lapas
...and "unexpired lease" are not defined in the Bankruptcy Code. The generally accepted definition of an executory contract is a contract under which the obligations of both the debtor and the other party are so far unperformed that the failure of either to complete performance...
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The Law of Payment Bonds

Kevin L. Lybeck, H. Bruce Shreves - 1998 - 424 lapas
...NEWS 5787, 5844. Many courts rely on the following definition: [A] contract under which the obligation of both the bankrupt and the other party to the contract are so far unperformed that the failure of either to complete the performance would constitute a material breach excusing...
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Settlement Agreements in Commercial Disputes: Negotiating ..., 1. sējums

Richard A. Rosen - 2000 - 2486 lapas
...appreciation of the policies behind § 365. Thus, the Third Circuit has adopted the Countryman test ("[An executory contract] is a contract under which...other party to the contract are so far unperformed that the failure of either to complete performance would constitute a material breach excusing "in...
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The Law of Suretyship

Edward Graham Gallagher - 2000 - 572 lapas
...NEWS 5787, 5844. Many courts rely on the following definition: [A] contract under which the obligation of both the bankrupt and the other party to the contract are so far unperformed that the failure of either to complete the performance would constitute a material breach excusing...
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The Law of Performance Bonds

Lawrence R. Moelmann - 1999 - 370 lapas
...NEWS 5787, 5844. Many courts rely on the following definition: [A] contract under which the obligation of both the bankrupt and the other party to the contract are so far unperformed that the failure of either to complete the performance would constitute a material breach excusing...
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The Logic and Limits of Bankruptcy Law

Thomas H. Jackson - 2001 - 304 lapas
...for purposes of bankruptcy was that given by Vern Countryman: "a contract under which the obligation of both the bankrupt and the other party to the contract are so far unperformed that the failure of either to complete performance would constitute a material breach excusing the...
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Health Care Benefits Law

Jeffrey D. Mamorsky - 1380 lapas
...Countryman, iaccording to which an executory contract is: "[a] contract under which the obligation of both the bankrupt and the other party to the contract are so far unperformed that the failure of either to complete performance would constitute a material breach excusing the...
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The Most Important Questions a Surety Can Ask about Bankruptcy

Deborah S. Griffin, Doreen Spadorcia - 2003 - 94 lapas
...(Bankr. SD Fla. 1990), affa, 972 F.2d 328 (11th Cir. 1992). 65. A contract under which the obligation of both the bankrupt and the other party to the contract are so far unperformed that the failure of either to complete the performance would constitute a material breach excusing...
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Drafting License Agreements

Michael A. Epstein, Frank L. Politano - 2002 - 1044 lapas
..."executory contract," the most frequently used definition is: a contract under which the obligation of both the bankrupt and the other party to the contract are so far unperformed that failure of either to complete performance would constitute a material breach excusing the performance...
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